Description of the business for sale
Investors are sought for a profitable and growing free-standing diagnostic imaging center in the booming California Central Valley. The Center recently completed a top-to-bottom renovation including state-of-the-art radiology modalities, facility, and information systems and has earned a reputation as a service-focused company that excels in meeting the needs of its medical referrers in a patient-friendly environment.
Highlights of the business include:
· Strong financial performance and surging increase in volume in the last quarter.
· Experienced staff including middle management for all key functions.
· Fully equipped and staffed for additional volume growth at 75% margin.
· Broad, diverse customer base and sophisticated marketing program.
· Managed part-time and remotely by two family owners, leaving substantial opportunities for expansion and growth for a fully engaged investor.
· Following the upgrade and renovation capital expenditure will be minimal for several years.
Investor profile:
· Physician(s) or entrepreneur(s) with medical industry knowledge who can capitalize on the Center`s excellent facilities, reputation and cash flow to drive additional growth.
Reason for offering:
· The President and majority owner is 79 years old and seeks to retire.
Price and terms:
· Negotiable based on Letter of Intent. Factors to consider include recent capex, recent and projected cash flow based on collection from current volume.